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Qusetion: Project L costs $60,000, its expected cash inflows are $13,000 per year for 8 years, and its WACC is 9%. What is the project's MIRR? Round your answer to two decimal places. Do not round your intermediate calculations. % The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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